Which of the following statements about debt is true?
A) Increasing debt increases the firm's flexibility.
B) As debt increases, distress costs decrease.
C) Using debt causes a loss of ownership by the firm.
D) Using debt allows the firm to earn money using someone else's money.
E) As the level of debt increases, the firm's credit rating begins to matter less.
D
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The primary drawback of "traditional" strategic control systems is
A. goals and objectives cannot be measured with a high level of certainty. B. they lack the flexibility needed to adjust to changes in the environment. C. they are only appropriate when the environment is stable and simple. D. they lead to complacency.
When a leader draws on legitimate sources of power, a stronger emotional bond can be created with the employee, boosting affective commitment.
Answer the following statement true (T) or false (F)
In, "To my wife for life, then to my children," the children hold: A) A remainder interest
B) A life estate. C) An executory interest. D) A fee tail.
_____ refers to the degree of correlation among independent variables in a regression model
a. Multicollinearity b. Tolerance c. Rank d. Confidence level